Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Strictly Buy and Sell Set Ups -- Ignore unavailable to you. Want to Upgrade?

To: eaglains who wrote (8719)	3/29/2006 7:31:56 AM
From: sixty2nds	Read Replies (1) \| Respond to of 13449

G'morning eaglains, booyaka, all. I agree with Coach d. $$ or % not shares. It doesn't have to be exact. eags, you are doing some good things. I trust you didn't take the 3 Stooges comment the wrong way. You sounded stressed. Your 1% stop will most certainly get you knocked out of 100% of a winner. I work on the assumption that 1-3% of price is noise, normal flucuation. Consider this...reduce your position by 1/3 minimum, maybe 2/3. Look at the ENCY chart. That is DOOM. It is better to have a piece of pie every evening than eat the whole pie at once. Later, S

To: eaglains who wrote (8719)	3/29/2006 8:09:21 AM
From: sixty2nds	Read Replies (1) \| Respond to of 13449

Upgrades: Morgan Stanley upgrades Sun Micro (SUNW 5.03) to Overweight from Underweight....from briefing.com...d3 does this count as a twitch/setback in my news junkie rehab?

To: eaglains who wrote (8719)	3/29/2006 11:11:34 AM
From: alanballow	Read Replies (2) \| Respond to of 13449

Fear and greed are what move markets. If I understand Dabum correctly, his method takes those emotions (fear and greed) out of trading by using mechanical predetermined triggers for entry and exit points. Someone once used an analogy to compare working sales leads with looking for pearls in oysters. As soon as you determine there is no pearl, you move on to the next one. This works for leads and this will work for trades. We know Bum's picks will not be 100% winners. As soon as you know a trade is not going to yield a pearl, get out with a minimal loss and move on to the next one. Funny that you address Bum as Sensei, my first images of his method brought to mind a Zen master involved in the whole process of trading but detatched from the day-to-day ups and downs, knowing there would be ups and downs but with faith in the whole process. IIRC, you had some early successes here and now seem to have lost your mojo. Why not go back and reread the thread headers? Good trading!